Jeffrey R. Stephens - Dec 2, 2022 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role
Gen. Counsel & Corp. Sec
Signature
/s/ Jeffrey R. Stephens
Stock symbol
SNFCA
Transactions as of
Dec 2, 2022
Transactions value $
$343,595
Form type
4
Date filed
1/30/2023, 01:26 PM
Previous filing
Jun 22, 2022
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNFCA Class A Common Stock Options Exercise $74K +10K +53.91% $7.39 28.6K Jan 19, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNFCA Employee Stock Option (right to buy) Award $33K +7.21K $4.58* 7.21K Dec 4, 2015 Class A Common Stock 7.21K $4.58 Direct F1
transaction SNFCA Employee Stock Option (right to buy) Award $34.6K +6.87K +95.24% $5.04* 14.1K Dec 2, 2016 Class A Common Stock 6.87K $5.04 Direct F2
transaction SNFCA Employee Stock Option (right to buy) Award $24.9K +6.54K +46.47% $3.81* 20.6K Dec 1, 2017 Class A Common Stock 6.54K $3.81 Direct F3
transaction SNFCA Employee Stock Option (right to buy) Award $41K +9.35K +48.98% $4.39* 28.4K Nov 30, 2018 Class A Common Stock 9.35K $4.39 Direct F4
transaction SNFCA Employee Stock Option (right to buy) Award $40.7K +8.9K +31.31% $4.57 37.3K Dec 6, 2019 Class A Common Stock 8.9K $4.57 Direct F5
transaction SNFCA Employee Stock Option (right to buy) Disposed to Issuer -$28.1K -8.48K -18.51% $3.32 37.3K Mar 27, 2020 Class A Common Stock 8.48K $3.32 Direct F6
transaction SNFCA Employee Stock Option (right to buy) Award $64.5K +7.88K +21.1% $8.19 45.2K Dec 3, 2021 Class A Common Stock 7.88K $8.19 Direct F7
transaction SNFCA Employee Stock Option (right to buy) Award $64.8K +10K +22.12% $6.48 55.2K Dec 2, 2022 Class A Common Stock 10K $6.48 Direct F8
transaction SNFCA Employee Stock Option (right to buy) Disposed to Issuer -$5.88K -1.54K -7.48% $3.81* 19.1K Dec 1, 2017 Class A Common Stock 1.54K $3.81 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option was granted on December 4, 2015 as an option for 5,000 shares of Class A Common Stock at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F2 This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F3 This option was granted on December 1, 2017 as an option for 5,000 shares of Class A Common Stock at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F4 This option was granted on November 30, 2018 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F5 This option was granted on December 6, 2019 as an option for 7,500 shares of Class A Common Stock at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilutions provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on February 7, 2020; a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F6 This option was granted on March 27, 2020 as an option for 7,500 shares of Class A Common Stock at an exercise price of $3.76 per share; but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect a stock dividend paid on July 17, 2020; and a 2 1/2% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021; and a 5% stock dividend paid on July 08, 2022.
F7 This option was granted on December 3, 2021 as an option for 7,500 shares of Class A Common Stock at an exercise price of $8.62 per share, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022.
F8 This option was granted on December 02, 2022 as an option for 10,000 shares of Class A Common Stock at an exercise price of $6.48 per share. The option vests in four equal quarterly installments of Class A Common Stock, beginning on March 3, 2023, until such shares are fully vested.